The Telegraph reports that Equitable Life has issued legal proceedings seeking £2.6bn damages f...
The Telegraph reports that Equitable Life has issued legal proceedings seeking £2.6bn damages from its former auditor, Ernst & Young, alleging professional negligence. The accountants claimed that the insurer was litigating with the benefit of hindsight and added: "We are confident there is no basis for a claim." The FT says UBS Warburg is to cut pensions for existing employees in an aggressive move to slash costs. The Football League was accused of wrecking the administration process of ITV Digital yesterday, as the two sides traded insults on the steps of the High Court, says ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes